Median registered annual rent in DAMAC Hills 2 (Akoya) by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 42,000 a year across 481 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

Studio

AED 37,000

new AED 37,800 · renewal AED 36,000

+2.8% vs a year ago · new lettings −0.5%

AED 33,000 – AED 40,000

middle half · 218 contracts

8.2%

1 bed

AED 47,125

new AED 48,434 · renewal AED 45,000

+4.7% vs a year ago · new lettings +3.1%

AED 42,000 – AED 54,000

middle half · 226 contracts

7.1%

2 bed

AED 65,500

new AED 68,200 · renewal AED 63,000

AED 58,000 – AED 70,500

middle half · 36 contracts

—

45% of these contracts are renewals; 95% run the standard 12 months.

Villas: median AED 95,000 a year across 5,082 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

2 bed

AED 90,000

new AED 89,000 · renewal AED 90,000

±0.0% vs a year ago · new lettings −1.1%

AED 80,000 – AED 95,853

middle half · 100 contracts

—

3 bed

AED 90,000

new AED 95,000 · renewal AED 87,692

+2.9% vs a year ago · new lettings ±0.0%

AED 80,000 – AED 105,000

middle half · 4,172 contracts

—

4+ bed

AED 123,870

new AED 120,000 · renewal AED 130,000

−4.7% vs a year ago · new lettings −14.3%

AED 105,000 – AED 150,000

middle half · 810 contracts

—

42% of these contracts are renewals; 94% run the standard 12 months.

Rent or buy? The arithmetic

For 1-bed apartments: the median registered sale price is AED 660,000, which is 14.0 years of the median registered rent (AED 47,125 a year). Buying needs about AED 158,400 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.4 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Getting around

Stations and malls around homes in DAMAC Hills 2 (Akoya)

The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.

Nearest Metro

Jumeirah Golf Estates

Red Line · 21.6 km straight-line from the community's centre

Nearest mall

Dubai Outlet Mall

9.8 km straight-line from the community's centre

Nearest landmark

Hamdan Sports Complex

9.1 km straight-line from the community's centre

Parking

36%

of 804 registered sales came with parking

Two different markets

Off-plan vs ready

Median off-plan launch price vs ready resale price in DAMAC Hills 2 (Akoya), per bedroom - two different kinds of registered price, kept entirely separate from the sale-price stats above.

1 bed: launch AED 1,238/sqft vs resale AED 1,089/sqft (+14%)
2 bed: launch AED 1,253/sqft vs resale AED 861/sqft (+46%)

All off-plan projects in DAMAC Hills 2 (Akoya) →

All 14 buildings in DAMAC Hills 2 (Akoya) with registered sales

Damac Hills (2) - Sanctnary Avencia 1 Avencia 44 Damac Hills (2) - Amazonia Damac Hills (2) - Amazonia-Ex Damac Hills (2) - Claret Damac Hills (2) - Juniper Damac Hills (2) - Pacifica Damac Hills (2) - Primrose Damac Hills (2) - Trixis Damac Hills (2) - Vardon Navitas Tower a Viridis C Viridis D

Compare them by price per sqft →